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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto

Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets."

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  Posted by u/ one year ago

XRP Ruling a ?Landmark? Judgment, Weakens SEC's Stance Against Crypto: Bernstein

The court?s decision weakens the SEC?s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.

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  Posted by u/ one year ago

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg

The surge in the crypto exchange?s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC?s argument in the lawsuit it filed against Coinbase in June, the report said.

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  Posted by u/ one year ago

XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit

The trading volume of XRP against the Korean won was the highest among all other counterparts .

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  Posted by u/ one year ago

Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China

Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."

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  Posted by u/ one year ago

Bitcoin's Crypto Market Dominance Slides by Most in 13 Months as XRP Court Ruling Spurs 'Alt Season' Talk

Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets.

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  Posted by u/ one year ago

The Death of a Discord Server

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  Posted by u/ one year ago

Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation

Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13.

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  Posted by u/ one year ago

Auction House of Gucci: Christie?s Teams Up With Luxury Brand on NFT Collection

The ?Future Frequencies: Explorations in Generative Art and Fashion? collection derives inspiration from Gucci designs and features works from artists including Claire Silver and Emily Xie.

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  Posted by u/ one year ago

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX).

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  Posted by u/ one year ago

How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate

The arrest of the crypto lender?s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector.

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  Posted by u/ one year ago

First Mover Americas: XRP Gains 66% on Ripple?s Partial Court Victory

The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Hip-Hop Collab Teams PUMA, Roc Nation and Legitimate for Sneaker Release

The three models of sneakers celebrate the 50th anniversary of hip-hop and each one has an NFC chip owners can scan to claim an NFT and access exclusive music content.

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  Posted by u/ one year ago

Ripple Is Bringing New Excitement, A Series Of Exchanges Relist XRP

Ripple's XRP token sees a relisting surge on cryptocurrency exchanges after a federal court ruling in the Ripple Labs-SEC legal battle.

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  Posted by u/ one year ago

Binance.US Responds To Ripple?s Crazy With US Major Exchanges

Major crypto exchanges, including Binance.US, decided to relist or consider relisting XRP, the digital asset associated with Ripple.

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  Posted by u/ one year ago

Alex Mashinsky Pleaded Not To Fraud, Freed For $40 Million

The founder of bankrupt crypto lending company Celsius Alex Mashinsky has pleaded not guilty to charges including fraud and manipulation of the CEL.

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  Posted by u/ one year ago

Taiko Launches Community Grants Program to Foster Ecosystem Development

Taiko, an emerging crypto ecosystem, has introduced its community grants program aimed at supporting innovators who contribute to the growth of the Taiko ecosystem.

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  Posted by u/ one year ago

Ripple?s XRP Takes The 4th Largest Cryptocurrency Position Of BNB After Over 2 Years

Ripple achieves a legal victory against the SEC, leading to a surge in XRP's value.

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  Posted by u/ one year ago

Monochrome Updated Groundbreaking Application For First Bitcoin ETF In Australia

Monochrome Asset Management and Vasco Trustees file updated Bitcoin ETF application in Australia.

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  Posted by u/ one year ago

Multichain CEO Disappears With User Assets ? What Happens Next?

Multichain released a report: On May 21, 2023, CEO Zhao Jun was taken away by the Chinese police and has been out of contact since then.

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  Posted by u/ one year ago

MultiversX Launches Guardians, An On-chain 2FA Anti Scam

MultiversX has unveiled Guardians, a cutting-edge on-chain two-factor authentication (2FA) security standard designed to combat crypto scams and theft.

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  Posted by u/ one year ago

SEC Finally Acknowledges Bitwise?s Bitcoin ETF Application: Report

Bitwise's spot Bitcoin ETF has been acknowledged by the SEC following a series of institutional applications. A collective of asset managers recently resubmitted filings for a spot Bitcoin ETF.

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  Posted by u/ one year ago

Ethereum Rejects $2000 Price Zone, Is There A New Breakthrough?

The price of Ethereum (ETH) has experienced a significant surge, reaching a three-month high of nearly $2,000.

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  Posted by u/ one year ago

Coinbase Domain Name Used by Scammers in Recent Phishing Attacks \x93 What's Going On?

Coinbase users have reported a series of phishing attacks that used the crypto exchange's domain name. Here's what happened.

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  Posted by u/ one year ago

This DeFi platform unlocks automated asset management for retail investors

DeFi's rapid growth offers new investment opportunities, but complex processes exclude retail users. Automated trading infrastructure can bridge the gap.

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  Posted by u/ one year ago

48% fewer new crypto coders last year - developer report

Newcomers account for the highest percentage of developers that have left the industry over the past 12 months.

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  Posted by u/ one year ago

Binance Facilitates Crypto Deals for Indians in Rupees

There are chances that Indian traders who advertise for buying or selling of cryptos on the Binance site may be violating exchange control rules and AML.

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  Posted by u/ one year ago

European Union's MiCA Legislation and its Impact on Stablecoin Adoption: Lawyers Raise Concerns

The European Union's Markets in Crypto-Assets (MiCA) legislation, enacted on May 31, has generated praise and concerns within the crypto industry.

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  Posted by u/ one year ago

Arkham on-chain ?Intel Exchange? labeled ?snitch-to-earn? by Crypto Twitter

Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded.

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  Posted by u/ one year ago

DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism

Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation.

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  Posted by u/ one year ago

Brazilian Police to Auction Assets Seized from Suspected Crypto Fraudsters

Police in Brazil have announced plans to auction off assets seized from Trust Investing, a suspected crypto-themed financial pyramid operator.

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  Posted by u/ one year ago

Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims

Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will.

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  Posted by u/ one year ago

Multichain's ?mysterious withdrawals? have whiffs of a ?rug pull? ? Chainalysis

Chainalysis told Cointelegraph that they were ?describing it as a possible rug pull,? based on an analysis of Multichain?s spurious transactions and internal problems.

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  Posted by u/ one year ago

South Korean Pop Star Says He Lost '$77,000' on Crypto Investment

Seo Chul-goo (aka Xitsuh), a South Korean pop star, rapper, and TV personality, says he \x9clost\x9d up to $77,000 on bad crypto investments.

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  Posted by u/ one year ago

China could benefit from yuan stablecoin over its CBDC - Circle CEO

China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency.

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  Posted by u/ one year ago

DOJ Charges 25-Year-Old with Stealing $450,000 in NFTs and Crypto from OpenSea

A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs).

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  Posted by u/ one year ago

Near Foundation treasury drops to $900M as token price plunges

The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market.

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  Posted by u/ one year ago

Algorand decentralized lending protocol Algofi to shut down by end of year

Developers say building the borrowing and lending protocol is 'no longer a viable path' for Algorand.

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  Posted by u/ one year ago

Billionaire Winklevoss Twins and DCG's Barry Silbert Dispute Takes a Nasty Turn

Cameron and Tyler Winklevoss, the billionaire twins who owns crypto exchange Gemini, may have a hidden agenda with their lawsuit against Barry Silbert's firm DCG.

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  Posted by u/ one year ago

Brazilian CBDC Could Reportedly Allow Government to Freeze or Manipulate Accounts

The source code for the Brazilian CBDC in testing was analyzed by blockchain dev Pedro Magalhães.\r\n

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  Posted by u/ one year ago

Arkham May Have Inadvertently Doxxed Many of its Users

Arkham recently announced a tool that deanonymizes blockchain users on one hand and was exposed for poor data protection on the other.\r\n

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  Posted by u/ one year ago

Russians 'Can Pay Taxes on Their Crypto Earnings' \x93 Despite Crypto's Lack of Legal Status

The Russian tax body says that citizens \x9ccan pay\x9d taxes on their crypto earnings, despite the fact that tokens have no legal status in the country.

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  Posted by u/ one year ago

New Research: Bitmain's S19 Miners Hold Majority of Bitcoin Network Hashrate

Bitcoin's energy efficiency has been a concern over the years as mining activities consumed rather massive amounts of electricity.

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  Posted by u/ one year ago

Arkham CEO rebuts claims of ?snitch-to-earn? program, says it's to find bad actors

Arkham CEO Miguel Morel said public blockchains are 'probably the worst possible way of keeping one's private information private.?

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  Posted by u/ one year ago

Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities

In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don?t constitute a securities offering.

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  Posted by u/ one year ago

Where Web3 games have gone wrong ? and how to fix it

Web3 is struggling to shake off the connotations associated with Play to Earn. What needs to change in order to turn skeptics around?

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  Posted by u/ one year ago

Bank for International Settlements Rejects Crypto as Money in Report to G20

A report from the Bank for International Settlements (BIS) says \x9cinherent structural flaws\x9d in crypto as the reason why it will never become money.

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  Posted by u/ one year ago

Singapore's Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties

Temasek Holdings faced its worst returns in seven years and had written down a $275 million stake in the now-bankrupt crypto exchange FTX, to zero last year.

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  Posted by u/ one year ago

Former CFTC Chair: Crypto Regulations Must Not Wait for Litigation, Standards Needed Today

A crypto crackdown in the US should not wait for litigation to conclude, but instead move forward with temporary restraints now, a former CFTC chair has said.

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  Posted by u/ one year ago

Web3 meets gaming ? Gaming Demo Day with Cointelegraph Accelerator, Animoca Brands, Tencent Cloud, ConsenSys, Cipholio and Brinc

Cointelegraph Accelerator, Animoca Brands, ConsenSys, Cipholio and Brinc announced this Gaming Demo Day with five promising Web3 game startups.

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